[ICO] SOAR (Decentralised Drone Platform)

Hello friends…!!! I thank you for the willingness to visit my Blogsite site. Here I will discuss the blockchain project called Soar , so for more I will explain what Soar is

Imagine having access to high resolution drone video and still imagery anywhere, anytime. Soar is an online marketplace for drone content, instantaneously updated around the world.

What options for buying and viewing drone imagery do I currently have?

Access to and use of drone or UAV content, video or image, is available to business and individuals either directly from a drone pilot on-contract or via public sale whereby content sits on image hosting sites for months or even years at a time, becoming outdated and irrelevant.

Both models involve immoderate and unrelated processes, each with their own avenues of execution.

Soar is a decentralised platform for high-quality drone content that connects customers with content creators in a secure, trustless and distributed blockchain community. The first stage of the implementation of Soar will be the creation of a marketplace for drone content including still images, video, aerial maps and other specialist drone content. 

The Soar marketplace will allow drone operators to upload and sell content to other Soar users anywhere in the world. The Soar marketplace has the potential to allow an exponential increase in the value of mapping data and drone content by realising the untapped financial potential of existing drone content. Furthermore, by securing the integrity of drone content metadata via smart contracts, Soar automatically and transparently publishes the location, time and equipment type used to capture content onto the blockchain. 

The use of blockchain technology validates the authenticity of the footage to ensure the integrity of drone content and fight the problems such as ‘fake news’. However, this is not the end-game. Progressively, by aggregating the content collected from thousands of drone operators, Soar will in due course create a dynamic database for the world’s first super-map at an unprecedented level of detail. All connected using blockchain technology to share data.

The Soar marketplace will allow:

Buyers to easily locate and buy drone content already on Soar;
Buyers to offer a SkyBounty on an area which rewards drone operators to upload content to match the SkyBounty needs; or Drone operators to upload content under a SkySponsor arrangement for sale in an open market environment.

Soar will provide this platform for content providers and purchasers, transacting with the SkyMap token (Symbol:SKYM), a utility token that unlocks a range of capabilities on the Soar Platform. Owning SKYM tokens allows customers to utilise the platform and rewards the content creators.

The SKYM tokens unlock key features of the Soar platform by allowing the user to:

Purchase drone content;
Create SkyBounties for specific areas;
Qualify individuals and organisations as a SkySponsor on the Soar platform; and
Provide the economic initiative for the eventual seeding of the world’s first super-map.
Buying drone content from the Soar platform using SKYM is a simple process of browsing and searching the Soar platform for the desired content and buying it with SKYM tokens. This transaction is recorded on the blockchain. Soar’s SkySponsor model allows for curation of the content as the SkySponsors will only support content that is likely to be used, thereby increasing the overall content quality uploaded to Soar . The driver for the SkySponsor model is extremely compelling as it effectively proves the economics for seeding the Soar super-map. The super-map will be both dynamic and temporal; over time it will evolve to only exhibit the ‘best of the best’ imagery. The basis of this super-map is not limited to merely a simple blockchain application, rather, it will serve as the foundation for an unprecedented mapping protocol to power other blockchain solutions which require mapping and imagery inputs.

Soar Vision

1. The Soar Opportunity -
The Soar  platform is tapping into an emerging market opportunity to become the leading open marketplace for drone content including photo and video content. Currently, most drone operators only use a single channel to sell their content: on commission from a customer. Moreover, in many instances this content is limited to localised markets. This one-to-one approach to sourcing drone content limits the opportunity for drone operators to resell to other interested parties or organisations without it having to be re-flown.

The Soar platform’s approach will allow drone operators to potentially grow drone content sale and monetisation to a global scale and unlock the potential value in underutilised drone footage. With its unique approach to validation of the drone content, buyers know exactly where and when drone content was collected and the blockchain technology ensures the integrity of this information is easily verified.

The potential value creation of drone footage marketplace is challenged by the lack of standardisation of content formats and the significant file size of high quality drone footage. As Soar is compatible with a broad range of drone content file types, this removes the problem of content format standardisation and its cloud based storage approach removes the problem of localised storage and delivery and long download times.

Moreover, much of the valuable geospatial knowledge held within drone imagery and data today remains unrecognised and unutilised for the vast majority of drone content creators. Hardware metadata and other geospatial data relating to the location coordinates of the imagery and the temporal components captured in existing drone imagery can potentially hold significant value for a wide range of industrial and consumer applications. For example, amateur drone footage taken of a beach on a family vacation could have significant commercial or research value for scientists looking to study coastal erosion, pollution or vegetation loss

2. Why Does Soar Use A Blockchain?

The decision for Soar to use the Blockchain can be summed up by the utility of the blockchain in providing the verification and authenticity of drone content uploaded to Soar. By securing the integrity of drone content metadata through its smart contracts, Soar automatically and transparently publishes a range of data to the blockchain which includes:

The file’s hash
Location, date, altitude, type of drone used to collect the content
Title, description, keywords and other information associated with the content
Content storage address
The wallet address of the drone operator
The wallet address of the SkySponsor
Sales transactions

3. Origins of Soar Technology

The strength of the Soar platform comes from almost a decade of development driven by the core objective to democratise geospatial technology to any potential user. During this period, the development team behind the Soar platform have launched several highly successful commercial mapping applications that have empowered tens of thousands of users from over 80 countries in the collection, visualisation, and analysis of geospatial data.

The Soar platform has evolved from a military pedigree when, in 2015, the Soar team were approached by the US Department of Defense to submit alternative mapping technologies on the back of the growing number of US Marines and Army units that required geospatial applications in tactical situations. The US military expressed interest in further developing this application so that it could run on a warfighters mobile device such as a tablet and radically enhance real-time geospatial awareness between tactical units in the field.

What followed was an intense vetting program involving tactical feature updates, security clearances, rigorous scrutiny of the technology code and further development of encryption coding. In 2017, the technology behind Soar successfully passed the military onboarding process and was introduced into a closed application platform that was available only to US military personnel.

During this time, working alongside the US Military, the original technology application was enhanced through a combination of game-design, social media work-flows, industrial psychology and some additional classified technologies. Many of the enhancements were specifically designed to assist soldiers in unique tactical scenarios, but ultimately the result was a sophisticated technology responsible for the standardisation and multilateral application of geospatial data.

This technology of course also required the ability to enable all types of mapping imagery and content to be made available to the user. This included drone, aerial, satellite, thermal and multispectral imagery; all accessible via multiple inputs, offline and without storage limitations.

As of August 2017, the technology behind Soar was made available to commercial and civilian applications. This technology has now been adapted to become not only the platform for the Soar marketplace but also the foundation for the end-state which is a global super-map protocol.

4. The Growing Drone Market
Note: In this is document the following definition applies for the term ‘drone operator’: “Any individual or organisation that has access to drone in a non-recreational role.” This definition includes individuals who are licensed drone operators, through to businesses and larger organisations which collect data as a service. Additionally, content creators can also be individuals or community groups which maintain expertise in the operation of drones and distribution of content collected by them.

The Soar marketplace has been designed to tap into a need within the growing drone industry. The market for consumer and commercial drones is expected to grow rapidly over the short to medium term. There is significant value within this market and the Soar platform will help drone operators to realise improved commercial returns from their drone content.

The global addressable market for aerial drones across all industry sectors has been estimated by accountants PwC as being in the order of US$127 billion, based on the value of manual labour services that can be replaced by drone powered solutions. The industries benefiting from this unprecedented opportunity shown in Figure 1 below.

Don't Forget To Join Public Sale!

For More Information

Soar Official Website: https://soar.earth/
Campaign Special Link: https://soar.earth/?utm_source=content&utm_medium=bounty
Krypital Bounty Group: https://t.me/KrypitalBounty
Soar Telegram Group: https://t.me/SoarEarth
Krypital News: https://t.me/KrypitalNews

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